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I <br />4_ As additionalsecurity, Tntetor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance <br />of these Trusts to collect the renffi, issues and profits of Bald property, reserving unto Trvstor the right, prior to any default by Truetor <br />f ~ in payment of any indebtedness secured hereby ar in performance of any agreement hereunder, io collect and retain such rents, issues <br />profi payable. Upon any such default, Beneficiary may et any time without notice, either in perean, by <br />~ and ffi asthey become due and <br />agent; orby a receiver to be appointeFi by a court, and without regard to the adequacy of any security for the indebtedaeae-hereby secured, <br />- enter-upon end--tale-posession of said property or any part thereof; in his owe name sue for ar otherwise collect such rents, issues-and <br />pmts;-inelud9ug-Chase past due and-unpaid, and apply the same upon any indebtedness-secured hereby, and in such order as Beneficiary <br />- may det~miae. The entering upon-sad taking poaeeesion of said property, the collection of such rents, issues and prof ffiand- the application <br />thereof as atoreseid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to aucb notice: <br />5. Upon default by Truator in the payment of any indebtedtteea secured hereby or in the performance oC any agreement contained -herein, <br />alI sums eecuted hereby shall immediately become due and payable atthe option of the Beneficiary. In each event and upon writtencegneet <br />-- _ of Beneficiary, Trustee shall se1L the trust property, in accordance with the Nebrseha 'Trust Deeds Act, at-public auction to the highest <br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shaft apply the proceeds of the sale ae follows: {ll to the expepse <br />- of tbe_sale,-including a reasonable Trustees fee; (2) to the obligation secured by this Deed of Trust; (3) the surplus, it any, shall ba distributed <br />- to the perwne entitled thereto. <br />6. Trustee, shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in <br />the property which Trustor had ar had the power to convey at the time of his execution of this Deed of Trust, aad~ such- ae he may have <br />acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with alTtherequirements <br />- of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance end conclusive evidence thereof in favor <br />of bona fide putthaeers and encambrancers for value. <br />1. The power of sale conferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust m be foreclosed <br />as a mortgage. <br />$. In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trustee, <br />and upon the recording of such appointment in the mortgage recarde of the county in which this Deed of Trust is recorded, the successor <br />trustee shall be vested with all powers of the original trustee. The tnrstee is not obliged to notify any party hereto of pending sale under <br />any other Deed of Tnrat or of any action or proceeding in which Trustor. Trustee or Beneficiary shalt be a party unless each action or <br />procoeding i$ brought by the Trustee. <br />9. This Deed of Trvst applies to, inures to the benefit of, and is binding not only on the parties hereto. but on their heirs, devisees, <br />legatees, ad~niatrators, executers, auece+aors and aseigas. The term Beneficiary ahail mean the holder and owner of the note secured <br />hereby, whether or act named as Beneficrary herein. <br />NATIGE TO CONSTJMER 1. Ilb not sign this paper before you read it. 2. You are entitled to a copy <br />of this paper. 3. You may prepay the unpaid balance at any time without penalty and may be entitled <br />to receive a refund of unearned charges in accordance with law. <br />Signed this ':r` I day of 1{~ 3 'tr„~, 'r1: °-~, A.D. 19~.-. - ~ r ~ f <br />STAVE OF NEBRASKA ~ - - !- F u ~ Y.-`"' `~` <br />T j <br />.~ COUNTY ) Y -~.~` =A'f..1-~ l~ I~ i? ~L s" <br />/ V <br />Oa t}rta c-' ~~ day of 3' ~ A.D_. 19 `"' -• before me, th~r uadera~ed, a Notary-public, dull <br />f - ., it t..-. <br />sammr sad qualii£tat( far an testding fn said cvunty. personally came )Faf? `r ,_Lt I 2t ~fiv~~, ~¢ t'~,'~ (1. <br />,4~~ !'c~~-% } to me known to be the identtcal person .` whcee nstt~e ai'~`nted to the forgoing <br />infttrrrment as TruatoY' -~ .~. and acknowledged the same Yo be ~~ _ ~-'-' xol- <br />tlatary act and deed. <br />_ etswt iwratt'-sus r arwa~ta <br />Witness my hand and Notarial Sea1_the day and year last above written _ KATFitgN K. HI[L <br />f( My Csmmrefioa ercpires the _~-._T day ~; ~ ~ "tr~+a,n+.F„a.a+anwst.tse~ <br />Notary Public <br />STATE OF _ ~.~~ __._. ) <br />1 ss. <br />County t <br />Entered in Numerical Inde= and filed far record in the office of the Register of Deeds of said county, the <br />ds~y of ~~ 13 ~at ~_____ o'clock and - <br />mimutea M., and duty recorded in Book of <br />Mmtgagea lie <br />Register of Deeds <br />- Deputy <br />u <br /> <br />